Thank you, moonmist.
Sierra does indeed look interesting.
Sierra does indeed look interesting.
Daytrading: Should I consider other software than NinjaTrader?
- Thread starter Laissez Faire
- Start date
I haven't really put too much thought into what broker to use yet, but AMP is high on my list. I see that they now have a lot more 'free' platforms than what they offered back in the day when it was only NT and I believe X_Trader.
I thought you were rooting for NT. Or was that on basis of cost?
If so, which other platform?
My recommendation was based on a need to extend IBKR's capabilities and minimizing costs with IBKR. In that case, you can find most of the recommended platforms under AMP and Deep Discount Trading.
CGQ, Sierra , MC, XTrader...it's all good based on the simplicity of your workflow. As your trading repertoire and activity grows, you will have to more thoroughly evaluate the functionality that these various platforms provide. It's not only about being an effective trader but having the right platform for an efficient workflow.
But you're saying that these are better choices than Ninja, right?
Watch out for NT8, though. It's got some major improvements. My guess is they are a month or 2 away from a mass release. Though not a tester, I watch their beta threads closely. There doesn't seem any showstoppers.Okay, that's it. I'm convinced.
I just need to make a decision then. It seems like Sierra is getting the most recommendations in this thread so far, but I always heard good things about CQG.
I just need to make a decision then. It seems like Sierra is getting the most recommendations in this thread so far, but I always heard good things about CQG.
I know they advertise it as being free; but how is that so? My understanding is they charge an extra buck round turn PER CONTRACT traded for using X_Trader. How, exactly, is that free?
A lot of platforms have the transactional model in addition to a monthly fee. The only reason TTrader is offering this deal is that they want people to get familiar with XTrader before they sunset the product.
But still, it is not at all free. They are lying. Do I have this right? Am I correct?